Gemini launches Solana credit card with SOL token rewards and staking
Quick Take
- The New York-based exchange is launching a Solana-themed credit card offering users up to 4% SOL token rewards on purchases.
- Gemini’s credit card platform is a significant growth driver, some analysts have said.
Crypto exchange Gemini is launching a "Solana edition" of its popular crypto credit card, offering up to 4% back on SOL token rewards on every purchase.
"Launching a Solana edition of the Gemini Credit Card was a logical choice given Solana's momentum and its robust and active community it built as one of the top ecosystems for new developers," Gemini wrote in a statement.
This is not the first time Gemini has launched a branded credit card tied to a particular crypto ecosystem. Earlier this year, the exchange launched an "XRP Edition" of the Gemini Credit Card. It also has a Bitcoin-themed option.
Gemini’s cards, part of the Mastercard network, have become a growth driver for the New York-based exchange. Sign-ups have ballooned to nearly 31,000 in August from 8,000 the year prior, according to Mizuho analysts. The exchange went public in September in one of 2025's explosive public listings.
The new Solana card will also offer Gemini users the opportunity to stake their Solana credit card rewards, earning up to 6.77% back.
Solana is one of the fastest-growing crypto ecosystems, according to research from outfits like Electric Capital, in terms of the amount of capital, developers, and users flocking to the app-friendly chain.
SOL is trading at $189, down from an all-time high of $293, according to The Block's price page.
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